How to enter to claim Life Insurance receipts while filing ITR?

If a taxpayer pays a life insurance premium to secure coverage for their own lives, the lives of their spouses, and the lives of any children, they may claim that payment as a deduction under section 80C for the financial year in which the return was filed.

The steps below must be followed in order to enter a deduction under Section 80C:

Step 1: Go to the Deductions screen 

Step 2: Click on Common deduction, select " Life Insurance Premium " from the dropdown given and enter the amount of investment made